Israel Englander Millennium Management
Israel “Izzy” Englander is the founder of Millennium Management, one of the world’s largest multi-strategy hedge fund platforms. Millennium allocates capital across hundreds of independent teams rather than a single house view, with rigorous risk controls at the platform level. Englander’s model has been highly influential in the rise of pod-shop multi-manager structures across the industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Lowe's Companies
LOW
|
+$217M |
| 2 |
JPMorgan Chase
JPM
|
+$213M |
| 3 |
Intel
INTC
|
+$200M |
| 4 |
FISV
Fiserv Inc
FISV
|
+$184M |
| 5 |
TECD
Tech Data Corp
TECD
|
+$174M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
AGN
Allergan plc
AGN
|
+$685M |
| 2 |
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
|
+$127M |
| 3 |
Meta Platforms (Facebook)
META
|
+$122M |
| 4 |
Merck
MRK
|
+$110M |
| 5 |
NVIDIA
NVDA
|
+$108M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Healthcare | 9.01% |
| 2 | Technology | 7.75% |
| 3 | Financials | 7.01% |
| 4 | Consumer Discretionary | 6.9% |
| 5 | Industrials | 6.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
PAEWW
751
CALL
DELISTED
PAE Incorporated Warrants
PAEWW
| $18.9M | 0.03% |
1,976,800
+1,308,334
| +196% | +$2.77M |
|
752
AutoNation
AN
$6.45B
| $18.9M | 0.03% |
+502,567
| New | +$18.2M |
|
753
CoStar Group
CSGP
$13.3B
| $18.9M | 0.03% |
265,440
+240,330
| +957% | +$15.5M |
|
|
GB
754
DELISTED
Global Blue Group Holding
GB
| $18.8M | 0.03% |
1,833,690
-485,563
| -21% | -$4.96M |
|
755
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$45.4B
| $18.7M | 0.03% |
186,400
-459,000
| -71% | -$45.3M |
|
756
Kinross Gold
KGC
$39.1B
| $18.6M | 0.03% |
2,576,922
+561,908
| +28% | +$3.65M |
|
757
Equitable Holdings
EQH
$13.4B
| $18.6M | 0.03% |
963,740
+565,351
| +142% | +$10.1M |
|
758
Allegion
ALLE
$13.8B
| $18.6M | 0.03% |
181,522
+136,864
| +306% | +$13.5M |
|
759
Virtu Financial
VIRT
$5.85B
| $18.5M | 0.03% |
785,525
+590,003
| +302% | +$13.8M |
|
|
JNPR
760
DELISTED
Juniper Networks
JNPR
| $18.5M | 0.03% |
809,952
-517,952
| -39% | -$11.9M |
|
761
Old Republic International
ORI
$10.1B
| $18.5M | 0.03% |
1,134,069
+935,976
| +472% | +$14.8M |
|
762
SM Energy
SM
$8.67B
| $18.5M | 0.03% |
4,927,416
+1,068,845
| +28% | +$3.5M |
|
763
PUT
CME Group
CME
$100B
| $18.5M | 0.03% |
113,600
-40,300
| -26% | -$7.22M |
|
764
DTE Energy
DTE
$28.2B
| $18.5M | 0.03% |
201,799
-226,913
| -53% | -$20.1M |
|
765
PUT
US Bancorp
USB
$97.3B
| $18.4M | 0.03% |
500,000
+235,900
| +89% | +$8.41M |
|
766
Arrow Electronics
ARW
$10.3B
| $18.4M | 0.03% |
267,952
+146,399
| +120% | +$9.25M |
|
|
PPL
767
PPL Corp
PPL
$26.4B
| $18.4M | 0.03% |
710,833
-720,002
| -50% | -$18.7M |
|
|
IMGN
768
DELISTED
Immunogen Inc
IMGN
| $18.3M | 0.03% |
3,985,994
+2,007,736
| +101% | +$8.54M |
|
769
PUT
Pfizer
PFE
$159B
| $18.3M | 0.03% |
590,978
-305,344
| -34% | -$10.4M |
|
770
Factset
FDS
$10.9B
| $18.3M | 0.03% |
55,774
+4,675
| +9% | +$1.35M |
|
771
Ford
F
$55.5B
| $18.3M | 0.03% |
3,008,635
-4,877,171
| -62% | -$27M |
|
772
Perrigo
PRGO
$1.98B
| $18.3M | 0.03% |
330,728
-271,241
| -45% | -$14.3M |
|
|
XLRN
773
DELISTED
Acceleron Pharma
XLRN
| $18.3M | 0.03% |
191,747
-52,978
| -22% | -$5.11M |
|
774
Morgan Stanley
MS
$336B
| $18.3M | 0.03% |
378,177
-702,259
| -65% | -$29.5M |
|
775
Valero Energy
VLO
$99.6B
| $18.2M | 0.03% |
+310,245
| New | +$18.5M |
|
Similar funds
Israel Englander's Q2 2020 Portfolio in Review
As of Q2 2020, Israel Englander held 4,914 positions worth $73B, up 64% from $44.5B the previous quarter. Its ten largest holdings account for 20% of the portfolio.
Israel Englander deployed $17.6B of net new capital in Q2 2020, opening 1,140 new positions and adding to 1,565 existing holdings. Its largest new stake was Global Payments: 1,008,446 shares worth $171M.
By sector, the portfolio is most concentrated in Healthcare at 9% of assets, down from 12% a quarter earlier, followed by Technology and Financials.
On the sell side, the largest reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, an estimated $127M trimmed.
- Israel Englander's largest Q2 2020 buy was Global Payments: 1,008,446 shares worth $171M.
- Israel Englander added most to Lowe's Companies in Q2 2020, an estimated $217M increase.
- Israel Englander's biggest Q2 2020 reduction was iShares 1-5 Year Investment Grade Corporate Bond ETF, cutting an estimated $127M.
- Israel Englander fully exited Allergan plc in Q2 2020, selling an estimated $685M.
- Israel Englander's ten largest holdings make up 20% of its $73B portfolio in Q2 2020.
- Israel Englander opened 1,140 new positions and closed 798 in Q2 2020.
- Israel Englander's portfolio value rose 64% quarter-over-quarter to $73B.
Based on Millennium Management's 13F filing for Q2 2020, filed 14 Aug 2020.